World leaders now need to act on historic climate deal

PARIS, FRANCE - DECEMBER 12: Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Christiana Figueres (L 2), Secretary General of the United Nations Ban Ki Moon (C), Foreign Affairs Minister and President-designate of COP21 Laurent Fabius (R 2), and France's President Francois Hollande (R) raise hands together after adoption of a historic global warming pact at the COP21 Climate Conference in Le Bourget, north of Paris, on December 12, 2015. (Photo by Arnaud BOUISSOU/COP21/Anadolu Agency/Getty Images)

PARIS, FRANCE – DECEMBER 12: Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Christiana Figueres (L 2), Secretary General of the United Nations Ban Ki Moon (C), Foreign Affairs Minister and President-designate of COP21 Laurent Fabius (R 2), and France’s President Francois Hollande (R) raise hands together after adoption of a historic global warming pact at the COP21 Climate Conference in Le Bourget, north of Paris, on December 12, 2015. (Photo by Arnaud BOUISSOU/COP21/Anadolu Agency/Getty Images)

THE 12-day COP21 in Paris concluded with an agreement among 195 or so countries to limit global average temperature to 1.5 °C above pre-industrial levels in a bid to significantly reduce the risks and impacts of climate change.

The agreement aims to strengthen the global response to the threat of climate change, in the context of sustainable development and efforts to eradicate poverty. Limiting carbon emissions is expected to increase the ability of nations to adapt to the adverse impacts of climate change and to foster climate resilience. The agreement also encourages low greenhouse gas emissions development to prevent threats on food production.

The agreement will be implemented to reflect equity and the principle of common but differentiated responsibilities and respective capabilities, in the light of different national circumstances.

FULL TEXT HERE.

There have been positive reactions to the agreement:

Academic and climate experts from Australia and beyond have welcomed the agreement. “The signature achievement of the Paris Agreement is a much bolder temperature target than expected: a ceiling of 2℃ warming, plus the pursuit of the safer target of 1.5,” according to Robyn Eckersley, professor of Political Science, University of Melbourne.

“Twenty-three years after signing the UN Framework Convention on Climate Change, the nations of the world have at last decided to act on it. The Paris Agreement will mark a turning point in so many ways and represents a victory that would have seemed impossible even one or two years ago.” said Clive Hamilton, professor of public ethics, Centre For Applied Philosophy and Public Ethics, Charles Stuart University.

“2015 is set to be the hottest year ever recorded. Appropriately, the Paris Agreement contains the strongest temperature goal of any international climate deal so far. Its aims – to strengthen global action to hold warming well below 2℃ and encourage efforts to limit warming to 1.5℃ – frame and drive the Agreement’s ambition.” said Peter Christoff, associate professor, School of Geography, University of Melbourne.

However, the agreement did not come without shortcomings:

Prof Hamilton notes, “The decisive question now is how powerfully the Paris Agreement will signal to those outside national governments, including business, that the world has entered a new era. Because it is what they do over the next few years that will determine how deep the next round of emission cuts can be. All the indications are that Paris will send a very strong signal indeed.”

Katharine Hayhoe, associate professor and director of Climate Science Center, Texas Tech University said, “The Paris Agreement is not naïve: the majority of its 31 pages lays out the need for ongoing reporting, special IPCC reports, financing for the Green Climate Fund, even naming individual climate Champions, tasked with keeping the process moving. To succeed, it will need all the help it can get; but if it does, all of our work – in climate science, policy, impacts, law, communication, and many other fields – will have not been in vain. That’s worth fighting for.”

More details from The Conversation here.

Stephen Kretzmann, Oil Change International (OCI)executive director said the Paris climate talks highlighted the need to stop funding fossil fuels and to adhere to scientific warnings to keep coal in the ground. He said, “The clear hypocrisy of funding the industry that is destroying the climate cannot withstand scrutiny for much longer.”

Hannah McKinnon, OCI senior campaigner, admits the agreement does not offer a “silver bullet to change the world or save the climate” but rather – “it is the growing climate movement that is already making that happen. Everywhere you look, citizens, front line communities, Indigenous Peoples, business leaders, and politicians are standing up to Big Polluters and taking a clean, safe, and renewable energy future into their own hands.”

“It’s the people on the streets who provide the real hope for addressing the climate crisis. People fighting for climate justice around the world are the ones who will solve this problem and they’re already making headway day by day,” said David Turnbull, OCI campaigns director.

The 350.org Executive Director May Boeve and Co-founder Bill McKibben issued a press release following the latest text of the climate agreement in Paris.

McKibben said every government seems now to recognize that the fossil fuel era must end and soon. But the power of the fossil fuel industry is reflected in the text, which drags out the transition so far that endless climate damage will be done. Since pace is the crucial question now, activists must redouble our efforts to weaken that industry.

Boeve notes the agreement marks the end of fossil fuels era, and there is no way to meet the targets laid out in this agreement without keeping coal, oil and gas in the ground. The text should send a clear signal to fossil fuel investors: divest now.

“Our job now is to hold countries to their word and accelerate the transition to 100 percent renewable energy. Over ten thousand of us took to the streets of Paris today to demonstrate our commitment to keep up the fight for climate justice, while many more demonstrated around the world. Our message is simple: a livable climate is a red line we’re prepared to defend, ” Boeve said.

The organisation recognises the final text still has some serious gaps. Specifically, it excludes the rights of indigenous peoples. Finance for loss and damage is also lacking, and while the text recognizes the importance of keeping global warming below 1.5 degrees C, the current commitments from countries still add up to well over 3 degrees of warming.

Despite the ban on climate marches following the Nov 13 terror attacks, people cannot be silence to press for climate action. (Photo: Indigenous People’s Network/Flickr)
Despite the ban on climate marches following the Nov 13 terror attacks, people cannot be silence to press for climate action. (Photo: Indigenous People’s Network/Flickr)

Members of the Indigenous Environmental Network are not convinced of the outcome of the 12-day talks. At the last day of the conference, they held the morning prayer circle and was moved down the street to the infamous Pont des Arts, also known across the world as the ‘Love Lock Bridge’ where they staged a direct action. Their collective message was clear – “People discuss ‘red lines’, we are the red line. We are the keepers of the land, protectors of animals, the seas, the air. We are the solution.”

Indigenous representatives from Indigenous nations of Circumpolar, Amazon, South Pacific and North America joined for an early morning sunrise ceremony prayer at the foot of the historic Notre Dame Cathedral, to close the climate negotiations.

Indigenous representatives from Indigenous nations of Circumpolar, Amazon, South Pacific and North America joined for an early morning sunrise ceremony prayer at the foot of the historic Notre Dame Cathedral, to close the climate negotiations.

Indigenous representatives from Indigenous nations of Circumpolar, Amazon, South Pacific and North America joined for an early morning sunrise ceremony prayer at the foot of the historic Notre Dame Cathedral, to close the climate negotiations.

Quoting Alberto Saldamando, human rights expert and attorney, they flashed in their website:

“The Paris accord is a trade agreement, nothing more. It promises to privatize, commodify and sell forested lands as carbon offsets in fraudulent schemes such as REDD+ projects. These offset schemes provide a financial laundering mechanism for developed countries to launder their carbon pollution on the backs of the global south. Case-in-point, the United States’ climate change plan includes 250 million megatons to be absorbed by oceans and forest offset markets. Essentially, those responsible for the climate crisis not only get to buy their way out of compliance but they also get to profit from it as well.”

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Melbourne’s climate march a huge turnout for COP21

On the frontline of People's Climate March Melbourne, Nov. 27.

On the frontline of People’s Climate March Melbourne, Nov. 27. (Photo: The Green Journal AU)

The People’s Climate March kicked off in Melbourne before dusk on Friday, Nov 27, with a massive turnout of about 60,000 people. Other rallies across Australia are expected to follow suit over the weekend – Saturday and Sunday — to include Sydney, Brisbane, Adelaide, Perth, Canberra and Hobart. The marches will set momentum for the Conference of Parties 21 (COP21) climate talks scheduled for Nov 29 – Dec 12.

The march on Friday is described as ”massive” and the ”city’s biggest climate march ever.” Chants and oratories opened at the State Library located along Swanston corner La Trobe Streets before the march proceeded to the Parliament House along Spring Street where more speeches were made.

Indigenous Australians at the forefront of climate march in Melbourne, Nov. 27. (Photo: The Green Journal AU - Asian Correspondent)

Indigenous Australians at the forefront of climate march in Melbourne, Nov. 27. (Photo: The Green Journal AU)

Australian organisers and participants include a wide spectrum of conservation groups, political parties, medical and health professionals, superannuation funds, indigenous people, community groups, clean energy businesses, farmers, families, and other civic groups and individuals.

The Melbourne turnout calls for other cities to do the same and to demonstrate their support for a strong climate action.  Paris announced it will ban all climate rallies along its boulevard and other public places as the city plays host to the climate talks. The ban will be enforced for security reasons in the aftermath of the terror attacks on Nov 13.  The conference has also been reduced to a “negotiation” event – without celebrities and entertainment. Those who cannot march are also asking march partners elsewhere to march for them. A website has been opened for this purpose:

“If you can’t make your voice heard in the country where you live, make it count somewhere else in the world. Marchers from all over the world are ready to carry your message on your behalf.”

The Paris climate talks will see representatives of around 200 countries coming together to forge a binding agreement on capping carbon emissions as a way to limit the earth’s temperature below two degrees Celsius by 2050. This climate talk is said to be the last chance to seal an agreement.

Australian Labor Party raises the banner. (Photo: The Green Journal AU - Asian Correspondent)

Australian Labor Party raises the banner. (Photo: The Green Journal AU)

The Australian Greens are in too. (Photo: The Green Journal AU - Asian Correspondent)

The Australian Greens are in too. (Photo: The Green Journal AU)

The march culminates at the Victorian Parliament Building. (Photo: The Green Journal AU- Asian Correspondent)

The march culminates at the Victorian Parliament Building. (Photo: The Green Journal AU)

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Federal Court overturns Adani’s Carmichael mine

Adani's activity in the Carmichael mine. (Photo:Supplied)

Adani’s activity in the Carmichael mine. (Photo:Supplied)

Here’s another victory for environmental defenders!

Adani’s Carmichael coal mine in central Queensland, which could have been one of the largest coal mines in the world and responsible for substantial greenhouse gas emissions, is now without legal authority to commence construction or operate. The Federal Court of Australia overturned approval of the project. Read the court order HERE.

Environmental Defenders Office (EDO) NSW, representing the Mackay Conservation Group (MCG), challenged the $16.5 billion project which the Federal Environment Minister Greg Hunt approved last year .The approval stirred unrests among local communities, indigenous people, tourism businesses, and various green and civic groups. 

Sue Higginson, principal solicitor of EDO NSW said the the decision of the court to overturn the Carmichael mine’s federal approval was based on a failure by the Minister to regard conservation advices for two Federally-listed vulnerable species, the Yakka Skink and Ornamental Snake. This kind of error in the decision making process is legally fatal to the Minister’s decision, the solicitor said.

The Minister approved the project without regard to the threats of endangered species which are found only in Queensland, the solicitor continued adding the law requires that the Minister should have considered conservation advices on the impacts of national environmental significance, such as the case of threatened species.

The  Minister also failed to consider global greenhouse emissions from the burning of the coal and Adani’s environmental history although these matters are left unresolved before the Court. Australia’s largest coal mine could be exporting up to 60 million tonnes of coal from across the Great Barrier Reef Coast every year.

Facility built at the Abbot Point Point to provide access to coal exports. (Photo:Supplied)

Facility built at the Abbot Point Point to provide access to coal exports. (Photo:Supplied)

The Australian Conservation Foundation (ACF) estimates the mine will take 297 billion litres from underground aquifers, causing a drop in water table levels on which local farmers rely. When burnt, coal from the Carmichael mine will produce 128.4 million tonnes of CO2 per year, at peak production, or four times New Zealand’s annual climate pollution.

“It will be up to the Minister now to decide whether or not to approve the mine again, taking into account the conservation advices and any other information on the impacts of the project,” Higginson said. MCG is running a campaign calling the Minister to reject the project once and for all.

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Top coal financiers: Japan, China, Korea

Divestment is becoming both a buzzword and a movement that urges organizations to shift support from dirty fossil fuels to clean and renewable energy. But it is a long way to go when governments are being lobbied by big industries and financial institutions and continue to work in secretive partnership. Re-blogging this post:

Miners shovel coal at a mine in China's Hebei province. Pic: AP.

Japan, China, and South Korea are the top financiers of coal exports via international financial conduits, a new report has revealed.

International environmental groups have called for these countries to stop financing coal exports via Export Credit Agencies and asked all other countries involved in climate talks to honor their commitments to combat global warming by reducing carbon emissions.

The Natural Resources Defense Council, Oil Change International and World Wide Fund for Nature released the report, Under the Rug: How Governments and International Institutions are Hiding Billions in Support to the Coal Industry, exposing the secretive operation between governments and financial institutions to finance big polluters despite international outcry for urgent climate action.

The report said “total greenhouse gas (GHG) emissions related to international public finance for coal between 2007 and 2014 conservatively amounted to almost half a billion tons of carbon dioxide equivalent (CO2e) per year. Emissions are close to a total of 18 gigatonnes for the entire lifetime of the supported power plants alone.”

The report revealed US$73 billion or over $9 billion a year within that period in which public finance was approved for coal.  Japan gave the largest amount of coal financing of any country, with over $20 billion during that time, followed by China with finance close to US$15 billion.

OCIKorea, Germany, and Australia are among top sources of funds transmitted via financial agencies. These countries are also reported to be leading the opposition to limits on coal finance in international discussions, along with other countries which continue to resist pressure to end public financing.

The report comes a summit in Paris in December this year to ratify a commitment to cap carbon emissions and to solidify targets of limiting global temperature below two degrees Celsius.

The report recommends improved transparency to avoid catastrophic climate change. It calls for phasing out international public finance for all fossil fuel projects, including exploration for more fossil fuels.

The report also urges the immediate disclosure of exhaustive data on public finance for the entire energy sector. Funding has largely gone unnoticed as it is often hidden from view as many countries are choosing to sweep this under the rug, rather than face the necessary task of cleaning up their own houses, the report added.

OCI-2World governments, particularly G20 and G7 members, have recognized the threat of climate change over the last eight years, and made repeated commitments to both fight climate change and end fossil fuel subsidies.

However, billions of dollars’ worth of government support continues to flow towards fossil fuels and coal. “This government financing for coal – largely in the form of export support, but also as development aid and general finance – is perpetuating coal use and exacerbating climate change. It needs to stop, immediately”, the report added.

The Intergovernmental Panel on Climate Change (IPCC) said that at least 75 percent of existing fossil fuel reserves must stay in the ground to avert global warming of more than two degrees. As coal makes up two-thirds of the carbon content of known global fossil fuel reserves, coal poses a serious threat to the climate.

Full Report HERE.

WWF calls EU for  climate leadership in OECD talks before COP Paris 

In Brussels, Belgium, 34 OECD countries convened for their annual Ministerial Meeting, June 3-4, while  G7 Heads of States and governments will meet in Germany on June 7-8 as a key political opportunity to make their climate credibility by ending support for coal.

“Many developed country governments that push for ambitious climate action are simultaneously funding coal abroad. They cannot do both and be credible,” said WWF’s Global Climate and Energy initiative leader Samantha Smith. “It is time for rich nations to put their money behind the solutions, like renewable energy, rather than using taxpayers’ money to fuel climate change.”

WWF said international public finance for coal between 2007 and 2014 is blamed for Italy’s pollution, the country which ranked 20th in the highest amount of carbon emissions globally,  “causing total greenhouse gas emissions amounting to almost half a billion tons of carbon dioxide equivalent per year.”

Contradicting the claim that export finance for coal is necessary to fight energy poverty in poor countries, the report clearly shows that zero export finance for coal has gone to Low Income Countries, where the need for energy access is greatest, while one-fourth went to High Income Countries with no every poverty concerns.

OCI-3

Sébastien Godinot, economist at WWF European Policy Office said the EU, led by the European Commission, failed to agree an official position on coal export finance ahead of the OECD meeting taking place next week. He said EU Member States are still divided, with some willing to end support for coal plants and others being more reluctant. So far the EU has largely been inaudible in the OECD negotiations, he added.

“COP Paris is around the corner.  It is time for European countries, the Commission and the EU as a whole to end procrastination and show leadership”, said Godinot, as “climate commitments and engagement to phase out fossil fuel subsidies should immediately lead the EU to ask the OECD to end export credits for coal.”

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‘Big 4′ banks under pressure to rule out funding of coal projects

The Australian Conservation Foundation (ACF) has released a report calling on Australia’s “big four” banks to rule out involvement in financing controversial coal projects proposed for Queensland’s Galilee Basin near the Great Barrier Reef World Heritage area.

The report called ‘The Equator Principles and financing of coal projects in the Galilee Basin‘ names Australia’s “big four” banks   – Australia-New Zealand Banking Corp (ANZ), Commonwealth Bank of Australia (CBA), National Australia Bank (NAB), and Westpac Banking Corp – as signatories to the Equator Principles (EPs) and calls on all four to rule out any involvement in the Galilee Basin projects.

The report is a result of research undertaken by ACF energy analyst Tristan Knowles which investigates how Australian banks should deal with financing coal projects in the area. The EPs are a voluntary framework the banks have signed up to guide them in the assessment and management of environmental and social risk in the projects they consider financing.

Anti-coal activists hang a huge banner in front of Commonwealth Bank's headquarters, calling on to follow international banks: rule out finance for new coal export terminals at Abbot Point in the Great Barrier Reef World Heritage Area.  (Photo: Market Forces)

Anti-coal activists hang a banner in front of Commonwealth Bank’s headquarters, calling on to follow international banks: rule out finance for new coal export terminals at Abbot Point in the Great Barrier Reef World Heritage Area. (Photo: Market Forces)

The EPs serve as a guide to the best practices and a “gold standard” in environmental and social risk management. ACF said the EPs are relevant to proposed coal projects in the Galilee Basin because mines and infrastructure require project finance and advisory services to proceed. More notably, the project value is well over US$10 million – the current threshold for coverage by the EPs.

ACF insists that coal projects in the Galilee Basin are a litmus test for the EPs stating, “If they’re truly a gold standard for environmental and social risk management, Australian banks should rule out further financing of these projects because they will result in serious damage to the environment… We hope this report focuses the debate about Galilee Basin Coal projects back on the banks’ commitments to be environmental leaders.”

Anti-fossil fuel protesters call on Australian four major banks to divest from financing coal projects during the Divestment Day rally. (Photo: Market Forces)

Anti-fossil fuel protesters call on Australian four major banks to divest from financing coal projects during the Divestment Day rally. (Photo: Market Forces)

Several foreign banks have already backed out from financing Adani Group’s coal port expansion, including US banking giants Citigroup, Goldman Sachs, and JPMorgan Chase.

Prior to those banks’ rejection, the Deutsche Bank, Royal Bank of Scotland, HSBC and Barclays all ruled out funding the development of the Adani’s $16.5bn project

The report said the massive projects will destroy tens of thousands of hectares of land, consume huge amounts of water and potentially impact on the Great Artesian Basin, and result in significant greenhouse gas pollution.

The UN World Heritage Committee, which visited the site in 2013, also said coal projects will cause irreparable damage to the World Heritage Area and warned the Australian government to delist the site.

News blog link: The Green Journal @ Asian Correspondent

G20 People’s Summit planned for Brisbane

An alternative G20 People’s Summit led by an indigenous people’s group will be held separately in Brisbane in response to the Coalition Government’s exclusion of climate change from the G20 Summit 2014 agenda. The three-day People’s Summit will take place on Nov. 12-14, ahead of the G20 leaders summit on Nov. 15-16.

While Australian Prime Minister Tony Abbott will welcome delegations of the G20 for talks on global economic issues and cooperation, climate activists and  civic groups will take to the streets and other venues in Brisbane to highlight what is missing in the leaders’ summit agenda.

Trade Ministers from  the G20 member countries and invited guests, along with representatives of the Organisation for Economic Co-operation and Development, World Bank Group and World Trade Organization in Sydney,19 July 2014 (Photo: DFAT)

The Brisbane Community Action Network – G20 (BrisCAN–G20) was created to question the policies enshrined in the free market ideologies of the G20. BrisCAN-G20 wants “to reframe public G20 discourse around issues that impact people, communities and environment; issues that are not addressed or have been ridden roughshod over by the G20 to date.”

Abbott argued that G20 is an economic summit, not a climate summit. He stands by his word, ignoring his disappointed European counterparts and US President Barack Obama.

In September this year, UN Secretary-General Ban Ki-moon hosted the UN Climate Summit in New York, but Abbott did not show. Managing director of the International Monetary Fund (IMF), Christine Lagarde, later noted that climate change should be discussed during the G20 Summit in Brisbane, but Abbott said the G20 is meant to focus primarily on economic growth. He said other issues would only clutter the issue and distract from the summit’s focus. Obama’s international adviser, Caroline Atkinson, also expressed disappointment and was reported to have said, “the idea that Abbott is preventing a discussion on climate change is laughable.”

List of leaders attending the G20 Summit 2014.

Abbott will be meeting three UN Climate Summit absentees, including Chinese President Xi Jinping, India Prime Minister Narendra Modi, and Canadian Prime Minister Stephen Harper.

In preparation for the leaders’ summit, Abbott has been reportedly making phone calls to leaders to rally support for the G20 agenda.

The NY summit concluded with a modest target. The EU suggested it would agree to bigger cuts to emissions, 40 per cent by 2030 on 1990 levels, although other countries aim to keep their existing goals.

Abbott is a self-confessed climate sceptic. He already scrapped the carbon tax, and the nation’s renewable energy target is under threat. For Abbott and the rest of his Coalition Government, policies on mitigating climate change can only put a “handbrake on the economy”. The carbon tax, he says, pressures businesses with extra costs, and thus any climate-related issues can significantly discourage production.

BrisCAN-G20 leades the alternative people's summit in time of the G20 Summit 2014 in Brisbane. (Photo: Supplied)

BrisCAN-G20 will stage Visioning Another World: The G20 Peoples Summit, a three-day festival packed with events. Programs include conversations, symposiums, creative activities, cultural performances, education, and peaceful demonstrations. It will take place in various locations in Brisbane, aiming to bring together local and international thinkers to collaborate on broad themes such as the economy, growth vs sustainability, environment, climate change, earth rights, dispossession decolonisation, and other issues of social justice. BrisCAN–G20 is concerned about social and economic disparities perpetuated by G20 and the systems it represents.

Various groups and NGOs will join the summit including the Friends of the Earth, OXFAM,  National Congress of Australia’s First People, International Trade Union Confederation, Australian Greens and Palm Island Community.

Church Communities call for stewardship

Church groups have also been pressing for environment to be included in the G20 summit.Eleven Brisbane ministers from five churches have formed alliance to call for the Abbott government to pay attention to one of the most pressing issues of the time.

Dean of St John’s Anglican Cathedral, Reverend Peter Catt. (Photo: Supplied)

The dean of St John’s Anglican Cathedral, Reverend Peter Catt, who also serves as the group’s spokesperson, said the government did not understand how the economy and the environment are deeply linked, and how the economy operates and how it depends on the environment. Dr Catt views the environment as the foundation of economic growth, prosperity, and “human flourishing”. Noting Christianity’s principle of stewardship, he said, “the Earth is a precious gift and that humans are called to act as stewards.” He added:

Climate change is a deep concern. The G20 leaders should be showing leadership and discussing it at the top of their agenda when they meet in our city.“It would be wonderful if a meeting held in our city led the way to sustainable life and a healthy economy.

The ministers call on the Australian Government, which has control of the agenda, to deal with climate change as a priority.

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Free market think tank urges privatisation of ABC

The proposed privatisation of  the Australian Broadcasting Corp (ABC) could be an ultimate blow to Australia’s clean energy policies if it pushes through. The county’s fossil fuels think tank highly recommends the public broadcaster to be silenced by transferring its management to the private sector.

The Institute of Public Affairs (IPA)  released a report this week saying that the ABC is bias against the fossil fuels industry and  is leaning towards the left with favourable reporting on  renewable energy. IPA commissioned iSentia in March to do an analysis based on ABC’s coverage of energy policy issues, including the coal-mining, coal-seam gas, and the renewable energy industries.

Privileged occasions where Abbott-Murdoch-Rinehart get together. Top photo shows Gina Rinehart whispers to PM Tony Abbott while below, Murdoch is with the mining goddess.

“If bias at the ABC is systemic, only structural reform will solve it. A new board or management won’t change the culture. Privatising the ABC is the only way to ensure taxpayers’ money is not used to fund biased coverage,” IPA said in its website.

But oppositions to the fossil fuels industry are saying the contrary. Privatising the ABC would limit reporting on renewable energy policies, giving way to big-scale investments on fossil fuels. GetUp! said privatising the ABC will thwart Australia’s burgeoning renewable energy industry in favour of fossil fuels.

A speech delivered by Len Cooper, secretary of Communications Workers Union, in Wodonga on 16 June 2014 also said Prime Minister Tony Abbott made a  pre-election pledge. He promised his party, industry think tanks, and supporters to dismantle policies that are not favourable to encourage investments. Cooper added, “the IPA has over 100 policy demands it has wanted and wants the Abbott Government to implement.”

Copper revealed the guests who attended the 70th Anniversary IPA dinner in April 2013 before the federal election. She said high profile guests included mining queen, Gina Rinehart and media mogul, Rupert Murdoch who was one of the keynote speakers. Early on, Abbott assured his guests his government will repeal the carbon tax, abolish the climate change authority, and disband the Clean Energy Fund.

The IPA claims itself as the world’s oldest right wing think tank representing big businesses with close links to the Business Council of Australia. It advocates free market economics, privatisation, deregulation, limited government, and a free market approach to environmental problems.

Cooper accused the IPA of being an instrument in forming the Liberal Party and is also a fund raiser for the party with major donors from the resource industry such as ExxonMobil, Telstra, WMC Resources, BHP Billiton, Phillip Morris, Murray Irrigation Ltd., Clough Engineering, Caltex, Shell, Esso, Electricity and Mining companies, and British American Tobacco among others.

ABC Friends also noted how Abbott praised his fellow keynote speakers, especially Murdoch.

Without specifying what items on the IPA’s list to radically transform Australia he would not implement, Abbott’s broad response was: “a big ‘yes’ to many of the 75 specific policies you urged upon me”. So what would be the result if the IPA’s policy for the ABC was implemented? Public broadcasting – gone. The ABC to be broken up and sold off, and SBS to be fully privatised.

Large-scale protests are already brewing to lambast Abbott’s leadership policies..GetUp! said “we actually had a good laugh, until we realised – this is no joke. “

GetUp! said the IPA’s report purports to have  uncovered “media bias” but the fact remains that “As we all know by now, the right-wing think tank just happens to be supported by the likes of Murdoch and Rinehart.”

Dark, thick smoke from coal-fired power plants is belched into the atmosphere. (Photo: ABC)

The scary truth is right now we are watching the IPA’s radical conservative agenda become a reality before our eyes – from the dismantling of the carbon price to a budget that elevates big business over everyday Australians. Its seemingly impossible wish list of 75 conservative items has been rapidly ticked off as our Prime Minister adopts them with abandon.

Australian Greens Senator Christine Milne described the Coalition as an ‘Abbott-Murdoch-Rinehart collaboration directed and promoted by the IPA.’

Meanwhile, the Guardian said there are many indicators how to determine whether news reporting is objective or biased. But whether ABC is bias or not, “A KPMG report leaked in 2006 considered the ABC to be highly efficient and underfunded.”

A positive mention of Crikey: “The ABC provides a high volume of outputs and quality relative to the level of funding it receives … the ABC appears to be a broadly efficient organisation.”

Link: The Green Journal at Asian Correspondent

Gore praises Obama ahead of climate leaders training in Australia

Former US Vice President Al Gore is scheduled to visit Australia this month to lead a climate leadership training drive, shortly after US President Barack Obama’s historic announcement early this week directing the Environmental Protection Agency (EPA) to initiate massive cuts on dirty carbon emissions.

Climate Reality Project Chairman and former US Vice President Al Gore (Photo: CRP)

The 25th Climate Reality Leadership Corps training program will kick off on June 25-27 in Melbourne in partnership with Australian Conservation Foundation (ACF) to teach participants about the science of climate change and how to communicate its effects.

US President Barack Obama announces historic cuts in carbon emissions (Photo: AP)

Gore’s leadership training  will mark another important event following initiatives of various NGOs towards decarbonising Australia. Last month, US economist Jeffrey Sachs led the launch of a low carbon economy initiative.

Gore, the Climate Reality Project chairman, praised  Obama’s announcement to cut the nation’s dirty carbon emissions from the power sector by 30 percent nationwide below 2005 levels by 2030. This is equal to the emissions from powering more than half the homes in the United States for one year. The former VP said the clean energy initiative is the most crucial step towards combating the climate crisis.

We simply cannot continue to use the atmosphere as an open sewer for dirty and dangerous global warming pollution that endangers our health and makes storms, floods, mudslides and droughts much more dangerous and threatening – not only in the future, but here and now.

Gore reiterated that actions are taking place worldwide to address climate change but remained wary about special interest groups that continue to deny and spread misleading information to muddle and obfuscate the issue. He said denial of the linkage between carbon emissions and climate change is like denial of the link between tobacco and lung cancer. He warned that further inaction would be extremely dangerous and destructive for America and the rest of the world. He added that there are now technologies that can offer alternative sources of clean, efficient, and competitive renewable energy.

He backs Obama for facing challenges through a series of critical actions and empowering the EPA to enforce limits on CO2 emissions for new power plants and accelerating the shift to  renewable energy.  He said America has taken another historic step in leading the world towards a green and sustainable economy.

Not all businesses are happy

Smoke billow from coal-fired power plants (Photo: AP)

Not all businesses are happy and merchants of doubt are expected to block climate initiatives. Christopher Helman of Forbes notes the “casualties” of the plan: “Coal miners and owners of coal-fired power plants. Don’t expect their shares to sell off on today’s rule revelation though — EPA has been telegraphing its plans for months, so the bad news is baked in.”

…..it is clear to analysts that coal will bear the brunt of this anti-carbon crusade, while natural gas will be the big winner. Coal-fired power plants are responsible for about 25% of all greenhouse gas emissions in America. Per megawatt-hour, coal plants emit about 1 metric ton of carbon dioxide. Compare that to natural gas turbines, which emit just .4 metric tons per mWh.

The EPA reportedly estimates that investments needed to meet the emission limits will cost about $8 billion a year, but would save 6,600 lives and more than $50 billion a year in health care costs tied to air pollution.

While the announcement is widely praised, not everybody is positive. Bloomberg reported how the US zero emission would only be defeated by the rising emissions of China, India, and Indonesia, for example.

Burning fossil fuels in the U.S. released 5.3 billion metric tons of greenhouse gases in 2012. China emitted 9.0 billion tons and by 2020 is forecast by the U.S. Energy Department to reach 11.5 billion metric tons, while the U.S. stays flat. India, Indonesia and other developing nations are expected to grow, as well.

Were U.S. emissions cut to zero, “global emissions would continue to increase,” Robert Stavins, director of Harvard University’s Environmental Economics Program, said in an e-mail. “So, the direct impacts of the new power plant rules on atmospheric greenhouse-gas concentrations will be small.”

Optimism in the Pacific

Solar panels station on Port Augusta, Victoria (Photo: Supplied)

Scientists in the Pacific welcome Obama’s clean energy plan. Radio Australia interviewed Dr. Padma Lal,  an independent researcher on Climate Risk in the Pacific, who applauds the announcement and said it is urgent to take action to make the plan a reality.

She noted other countries – the major polluters – have already started taking action to reduce their carbon emissions, such as China, India, Brazil.

…..we would like to see other countries such as Australia and European nations to follow suit. Perhaps it’s a bit too early to say that this is actually going to happen, it’ll be interesting to see in tangible terms what actions are taken by the American state. From the Pacific point of view it really is urgent that they do take such measures…

Gore leads climate training in Australia

The former US VP will lead the leadership training in Australia, alongside world-class climate scientists, political strategists, communication experts, community organisers and activists. He said:

We have taken these trainings around the world, and in every community committed leaders are standing up to take action on the climate crisis. Our goal is to provide them with the best possible tools to become even more effective leaders in their schools, businesses, houses of worship, and local and national governments.

The intensive program is expected to formally train a new group of Climate Reality Leaders, who can become change agents in their own communities. They will emerge from the program as “energised and skilled communicators” with the knowledge, tools and drive to educate diverse communities on the costs of carbon pollution and what can be done to solve the climate crisis.

Australia leads the world’s highest per capita carbon emissions (Image: Supplied/ Carbonworks)

ACF CEO Kelly O’Shanassy said that is the absence of government support to educate and train leaders on the urgency of climate change, her organization welcomes Gore’s project to Australia.

Australia is on the front line when it comes to climate change impacts, yet our national government is unravelling hard-won progress to price pollution and boost renewable energy. In the absence of government leadership on climate change, the people need to lead the way.

 

 

Blog Link: The Green Journal/ Asian Correspondent

Deutsche bank rebuffs Adani’s funding request

The Deutsche Bank of Germany announced it will not lend money to the Indian mining firm Adani Group to finance the development of Abbot Point Terminal I. The decision came after an AGM held on Thrusday.

We stress that we take the future of the Great Barrier Reef very seriously. We observe that there is no consensus between UNESCO and the Australian government regarding the expansion of Abbot Point. Since our guidance requires such a consensus as a minimum, we would not consider a financing request. – Deutsche Bank Group

Deutsche Bank Group convenes AGM 2014 (Photo: Deutsche Bank Group FB)

Adani is one of the last remaining investors standing for the port terminal, along with another Indian firm, GVK Group.

Other investors have long abandoned their stakes, including mining giants Rio Tinto, BHP Billiton, Lend Lease and Anglo American. Market and financial analysts said the multi-billion dollar investment is unfeasible due to the end of the mining boom, with the downward spiraling of coal market prices worldwide. Galilee Basin in northern Queensland, where coal will be extracted,is also extremely remote and without basic infrastructure.

Tony Brown, tour operator for the Whitsundays, speaks at the bank’s AGM 2014 (Photo: Market Forces)

Australian mining goddess Gina Rinehart, herself, sold most of her coal assets in 2011. GVK bought them.

But despite Indian interests, the project has been stalled for two years. Adani is required to complete all environmental approvals and then raise AU $8 billion of additional debt and equity financing, and hence allow construction to commence on the Carmichael coal, rail and port proposal. Read the scale and magnitude of funding HERE.

There are speculations that the two companies tried to sell their equity holdings. GVK allegedly offered Coal India Ltd, but was rebuffed due to its uncommercial value. Adani is also rumoured to have approached several Chinese firms, including China Railway Corp.

Early this month, the Institute for Energy Economics and Financial Analysis (IEEFA) warned investors it is too risky to invest in the project. Local banks which were appointed to finance the project include National Australia Bank, Commonwealth Bank, and Westpac Banking Corp- on top of a few other international banks.

Tim Buckley , director of Energy Finance Studies, Australasia for the Institute for Energy Economics and Financial Analysis said that India cannot afford the price of imported coal:

India’s perilous economic and financial situation creates further uncertainty for companies relying on its ability and willingness to import coal, with its associated implications for inflation, current account deficits, economic instability and energy security’.

He also said that “imported coal would require double the current price of India’s wholesale electricity, which categorically discredits the nonsense argument that it might alleviate India’s energy poverty.” Buckley has produced detailed reports on Adani and GVK.

Whitsundays tour operator Tony Brown joins the rally in Germany (Photo: Market Forces)

Various environmental and civic groups have written the Deutsche Bank not to lend Adani.  Australian-base civic groups also linked with their European counterparts to “pressure” the bank. Some travel operators in Queensland further travelled to Germany to join the rally.

At the end of the AGM on Thrusday, the bank released the Deutsche Bank’s Environmental and Social Reputational Risk Framework (ES Framework), which stipulates the bank’s  environmental and social due diligence as an integral part of the approval process for doing business.

One of the specific guidelines recently adopted addresses activities in the close proximity to World Heritage Sites. It precludes transactions within or in close proximity to World Heritage Site unless there is a prior consensus between the relevant Government and UNESCO that such operations will not adversely affect the Outstanding Universal Value of the Site. This implies that we would not consider a request to finance an expansion unless we had the assurance of both the government and UNESCO that it would not adversely affect the Value of the Site.

Read: Deutsch Bank official stand and UNESCO’s State of Conservation

Blog Link: The Green Journal/ Asian Correspondent

Indian groups keep stake in Abbot Point, reef dumping

Indian mining groups –  Adani and GVK-Hancock –  have not waivered to drop their stakes in the controversial Abbot Point Port terminals in Northern Queensland.

The rest had already dropped the deal, including BHP Billiton and Rio Tinto. Anglo American is the latest to announce it is walking away.

Abbot Point in Northern Queensland (Photo: NQBPC)

BHP Billiton has formally withdrawn from the $5 billion worth of project as the preferred developer of Terminal 2  in 2012. It also pulled out of building a rail line linking the port with Bowen Basin mines.

Early on, doubt has been cast over the feasibility of the project.

The recent decision by Anglo American re-affirms the unfeasibility of the project. The firm announced that oversupply of coal in the world market has dampen prices.

As of its December 2013 financial records, “metallurgical coal saw underlying operating profit fall 89% to $46m, while thermal coal profits fell 32% to $541m as a result of lower realised prices.”

Bloomberg’s writer, Elisabeth Berhmann, quoted a Sydney-based commodity analyst from Goldman Sachs Groups Inc as saying, “For these projects to be attractive investments, you need to be quite bullish about thermal coal prices….If you’re a power company, and you’re wanting to secure sources of coal, there’s plenty of coal in the market.”

Mining Australia notes the expansion would see four terminals costing $6.2 billion which would provide an extra annual capacity of 120 million tonnes. this would also support the development of mines in the Bowen, Surat, and Galilee Basins.

Adani and GVK Hancock, however, are all out to develop Terminal 0 and Terminal 3, respectively.

Josh Euler, manager for corporate affairs at GVK Hancock, welcomes the decision to go ahead with the expansion. He said in a  press statement , “This is a significant milestone in developing our Galilee Basin coal projects, which represent the creation of over 20,000 direct and indirect jobs and over $40 billion in taxes and royalties.” .

Double disadvantage

Amid bearish coal market prices, environmental groups have denounced the Government’s decision due to its high risk posing an irreversible damage to the world heritage site. The Great Barrier Reef Marine Park Authority (GBRMPA) approved the dumping of 3 million cubic metres of dredge spoil in the reef marine park

The Australian public has been outraged with the approval. Last year, the United Nations downgraded the world heritage site into the endangered list.

Protesters in mascots against dumping on the reef. (Photo: AAP)

GBRMPA expedited a crisis communication in an attempt to ‘enlighten’ and ‘pacify’ the public.. Its chairman, Russell Reichelt,  has written an article at the academic online paper –The Conversation –  to justify the approval. He said the decision is based on comprehensive study and sound judgment that will not do any lasting harm to the heritage site. Discussion has been open to the public since March 3. Reichelt answers the queries himself although readers– composed of engineers, scientists, researchers, and ordinary citizens — are neither convinced nor impressed with the attempt to “gloss over” the real issue.

Observers said, there is something fishy at the sudden turn around of decision considering the warnings over sediments dumping.

Greenpeace  also found a document that questions the integrity of the decision. It shows that GBRMPA feared the dumping would annihilate the barrier reef. However, the Environment Department ignored the warnings and pressured the marine park authority.

Greenpeace campaign poster against Adani group

Indian firms- the culprit

Furious tour operators and Greenpeace are pointing fingers at the Indian mining tycoons as the culprit of an impending catastrophic disaster awaiting the vast expanse of corals.

Association of Marine Park Tour Operators President Colin McKenzie, the peak industry lobby group covering tourism in the World Heritage-listed reef region, accused the marine park authority of pandering to politicians and for allowing Adani group to undertake a risky business.

“The biggest culprit is Adani, an Indian corporation that wants to build Australia’s biggest coal mine in the Galilee Basin in central Queensland, and needs the dredging to allow huge coal ships to access their proposed new coal terminal at Abbot Point to send their coal overseas,” Greenpeace said.

Related story HERE